Daily GK Update 26th August 2016 Important Current Affairs

1. RBI has asked banks to provide loans to women self-help
groups in rural areas at 7% per annum, as per the government's revised
guidelines for the current financial year.

2. A travel insurance cover of up to Rs10 lakh can be availed while booking a
train ticket online by paying less than one rupee from 31 August.

3. India will be hosting the first BRICS film festival which will begin from
Sept. 2 to 6 New Delhi.

4. Maharashtra CM Devendra Fadnavis has announced the State government plans to
transform 1,000 villages with the help of corporate sector, and the civil
society over the next few years.

5. US multinational banking firm Goldman Sachs says Indian economy is likely to
grow 7.9% in this year 2016-17.

6. The list published by Forbes magazine considers earnings from June 2015, and
featured Shah Rukh Khan and Akshay Kumar as the top two highest paid actors on
8th and 10th rank. The list also includes Salman Khan on 14th rank, which is
followed by legend Amitabh Bachchan on 18th position.

7. Five Indian companies ranked among world's 100 most innovative, including
Asian Paints, Hindustan Unilever, Tata Consultancy Services, Sun Pharma and
Larsen & Toubro have been ranked among Forbes’s list of ‘The World’s Most
Innovative Companies’

8. PC maker Lenovo has appointed Pankaj Harjai to head its newly constituted
Small and Medium Business (SMB) vertical.

9. Portugal superstar Cristiano Ronaldo has won the UEFA Best Player in Europe
award for the second time.

10. India's Saina Nehwal has been dropped 4 points to be 9th, while compatriot
PV Sindhu remained in the 10th spot in the Badminton World Federation (BWF)
rankings despite getting a silver in the women's singles competition at the
recently concluded Olympics in Rio 2016.

11. Former Olympian Silvanus Dungdung Major Dhyan Chand Lifetime Achievement Award
will be rewarded. Dhyan Chand was an Indian field hockey player,
who is considered as one the greatest field hockey player of all time.

12. Central Tool Room and Training Centre (CTTC), Bhubaneswar, has signed an
agreement with ISRO for technology transfer and a contract for supply of
spacecraft component.